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superstorm sandy may be part of the reason, worry over the fiscal cliff may have also had an impact. some estimate at least 200,000 fewer jobs have been created this year, due to urn certainty about the fiscal cliff. -- >> reporter: >> the president: it is important we get this done now. >> reporter: in washington republicans and democrats are talking, no breakthrough locked in a stalemate. president obama demanding higher tax rates for the wealthy and permanent extension of the debt ceiling be part of a deal. >> he showed what is he is after is assuming unprecedented power without limit. >> reporter: republicans say they will only raise tax revenue in exchange for deep spending cuts. if washington can't strike a deal one casualty would be the end of compensation for long term unemployed, people like melinda worried. >> christmas and things of that nature probably off the table. >> reporter: aides met yesterday but no signs of progress. tahman bradley, abc7 news. >>> if you park at a bart station while riding the trains get ready for potential hike in fees by 50 cents twice a year at
superstorm sandy may be part of the reason, worry over the fiscal cliff may have also had an impact. some estimate at least 200,000 fewer jobs have been created this year, due to urn certainty about the fiscal cliff. -- >> reporter: >> the president: it is important we get this done now. >> reporter: in washington republicans and democrats are talking, no breakthrough locked in a stalemate. president obama demanding higher tax rates for the wealthy and permanent extension of...
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chrysler seeing a pick-up in demand partly thanks to superstorm sandy buyers returning to show rooms in november after the waters receded and replacement demand increased after hundreds of thousands of vehicles damaged or destroyed by sandy. as for trading, manufacturing in china helping give u.s. stocks a lift today. report on u.s. manufacturing for november in a few minutes we'll see how that goes we expect it to slow a little. so far, green arrows across the board first trading day of december, dow, s&p and nasdaq higher, bloomberg index up 1%. the maker of lucky charms hoping adults will find the cereal magically delicious, mills plans a campaign nationwide next year. adults are an attractive market for the cereal makers they are pressure for marketing sugary products to kids. today is the 20th anniversary of the text message, the first text sent was "merry christmas "now 1992. by 2016 texting may increase 40% from today's levels more than nine trillion texts generating 127 billion dollars in revenue. live at the new york stock exchange, i'm jane king. >>> lol! >>> i know. we can
chrysler seeing a pick-up in demand partly thanks to superstorm sandy buyers returning to show rooms in november after the waters receded and replacement demand increased after hundreds of thousands of vehicles damaged or destroyed by sandy. as for trading, manufacturing in china helping give u.s. stocks a lift today. report on u.s. manufacturing for november in a few minutes we'll see how that goes we expect it to slow a little. so far, green arrows across the board first trading day of...
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sandy on the east coast, came here for a few days he's going back there because there is much more to do there he says he will come back here when the next storm hits which hopefully will be a few days from now. terry mcsweeney, abc7 news. >>> crews in the santa cruz mountains hope to have one lane open on vine hill road today a section of the road collapsed after recent storms you can look here vine hill road is an escape route for santa cruz in case of an emergency evacuation fixing the entire road will take one month. >>> in san francisco department of public works preparing for more rain crews answered 40 calls to clear trees and latch -- and large branches during last sunday's storm since then they've been checking vulnerable trees and clearing catch basins. >> stay with abc7 news for continuing storm watch coverage you can track the storm any time with live doppler at abc7news.com. if you take any good weather photos or video we want to see it, them to ureport. >>> violent night in three bay area cities where shootings have killed two and injured four. a bicyclist shot and kille
sandy on the east coast, came here for a few days he's going back there because there is much more to do there he says he will come back here when the next storm hits which hopefully will be a few days from now. terry mcsweeney, abc7 news. >>> crews in the santa cruz mountains hope to have one lane open on vine hill road today a section of the road collapsed after recent storms you can look here vine hill road is an escape route for santa cruz in case of an emergency evacuation fixing...
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. >>> -- coming up, superstorm sandy forcing the national weather service to rethink the way it warns the public about dangerous staorps. proposal would give the service the option of aoeufrb ewing watches and warnings for storms that threaten life and property between they are no longer and tropical storms. the service was criticized after it stopped issuing warns after winds fell below 74 miles an hour. critics say that caused in the storm's path to fail to realize now dangerous it still was. >>> dispute over the price of crab keeping boats in port in san francisco, half moon bay and bodega bay before thanksgiving fishermen were earning $3 a pound prices took a dive after the holiday. fish brokers are paying $1.80. last year fishermen were on strike for weeks until they reached an agreement. >>> 5:57. it is raiders day on abc 7 fans are already pumped up. >>> watery mess in san francisco causing problems for commuters right now. why the driver who hit this hydrant is in jail this morning. >>> he did having news in east bay deputies found a body alongside i-680. we are live at the sc
. >>> -- coming up, superstorm sandy forcing the national weather service to rethink the way it warns the public about dangerous staorps. proposal would give the service the option of aoeufrb ewing watches and warnings for storms that threaten life and property between they are no longer and tropical storms. the service was criticized after it stopped issuing warns after winds fell below 74 miles an hour. critics say that caused in the storm's path to fail to realize now dangerous it...
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Dec 6, 2012
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. >>> superstorm sandy and the "fiscal cliff." a lot of factors could shake up tomorrow's jobs report. we'll have a preview coming up. >> and it looked like new year's eve in seattle. pot smokers light up in celebration of washington's new law but it comes with some limitations. ,,,,,,,,,, ,,,,,,,,,, ♪[ music ] >>> the music world is mourning the death of jazz pioneer dave brubeck who died yesterday of heart failure on the way to a hospital for a scheduled check- up. he was born 92 years ago today. and he was born in concord over in the east bay. you might remember him for his jazz hits including the biggie "take five." >> what you might not know is that brubeck learned the piano from his mother and after leading an army band during world war ii he studied at mills college in oakland. >> i didn't know he was from the bay area. >>> just in from the labor department, new jobless claims fell sharply from a week ago as disruptions blamed on superstorm sandy diminished. new claims dropped by 25,000 last week to 370,000. that's fewer
. >>> superstorm sandy and the "fiscal cliff." a lot of factors could shake up tomorrow's jobs report. we'll have a preview coming up. >> and it looked like new year's eve in seattle. pot smokers light up in celebration of washington's new law but it comes with some limitations. ,,,,,,,,,, ,,,,,,,,,, ♪[ music ] >>> the music world is mourning the death of jazz pioneer dave brubeck who died yesterday of heart failure on the way to a hospital for a scheduled...
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Dec 7, 2012
12/12
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economists were predicting just 80,000 jobs would have added because of superstorm sandy and that the unemployment rate would remain stuck at 7.9%. stock futures are rallying after that report. >>> asian markets were mostly lower ahead of today's unemployment rate. hong kong also shed a fraction. tech stocks gave wall street stocks a modest lift yesterday. they finished 39 points higher while the nasdaq was up 15 points. the. >>> the securities and exchange commission is investigating nexflix and the company's ceo. reid hastings is dismissing the claim that the facebook post may have boosted the stock price. at the time hastings mentioned how much nexflix viewing had increased. you have to be really careful what you post on facebook. >> my coe anchor is happy because she's a huge heavy meal fan and now metallica is streaming its video. >> i didn't know i was a fan. >> you're getting ready to rock out because fans of metallica can stream the band's music on spotify. in fact in 2000, metallica filed a lawsuit against napster accusing them of copy right infringement. they can now listen
economists were predicting just 80,000 jobs would have added because of superstorm sandy and that the unemployment rate would remain stuck at 7.9%. stock futures are rallying after that report. >>> asian markets were mostly lower ahead of today's unemployment rate. hong kong also shed a fraction. tech stocks gave wall street stocks a modest lift yesterday. they finished 39 points higher while the nasdaq was up 15 points. the. >>> the securities and exchange commission is...
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Dec 4, 2012
12/12
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sandy. contractors will be isn't out to repair the homes at no charge to the montgomerys -- to the homeowners. most of the money is coming from pea -- fema. new york is paying for the rest of it. some say the help is not coming fast enough. >>> also, the mayor of america whack, new jersey will begin its challenge to live on food stamps for a week. he made that bet on twitter with one of its followers last month. the two will eat only what they can buy with $28.78. that's the average that people spent with food stamps. he will live off beans, corn and apples for the next week. >>> 7:44. frightening story for any parent. your child is missing. ktvu's pam cook is in the newsroom with this story. >> the child missing is lost by those paid to watch over her. she's autistic. staff members say they followed her for several blocks to the fruitvale b.a.r.t. station where they lost sight of her. she was found two days later on a muni bus in san francisco. family members say she was badly beaten and se
sandy. contractors will be isn't out to repair the homes at no charge to the montgomerys -- to the homeowners. most of the money is coming from pea -- fema. new york is paying for the rest of it. some say the help is not coming fast enough. >>> also, the mayor of america whack, new jersey will begin its challenge to live on food stamps for a week. he made that bet on twitter with one of its followers last month. the two will eat only what they can buy with $28.78. that's the average...
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Dec 10, 2012
12/12
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. >> coastal communities a strike by superstorm sandy are pushing to reveal their war works and time for next summer. they are in a race to finish by the end of may to retain tour's money they will need for next year. seaside heights, new jersey is about 75% of its budget for tourism. sounds like bellmawr, new jersey are spending around $20 million to rebuild its boardwalk. new york mayor michael bloomberg has said no new wooden or what should be built. as he faces concretfavorr walks which adorable. >> if you like to turn holiday shopping into a last minute marathon macy's is ready to cater to you. the department store chain announced it will be open for nonstop shopping the last week it for christmas. >> stores will open at 7:00 a.m. on friday december 21st and will stay open until 7:00 a.m. once an exhibit of the third. the special cells of a marathon when that morning when macy's says ms. storm an open until midnight. >> the company has tried to extend shopping hours in the past but is a the first time all 800 macy's storewide would dissipate. >> i can which i will go. >> that is
. >> coastal communities a strike by superstorm sandy are pushing to reveal their war works and time for next summer. they are in a race to finish by the end of may to retain tour's money they will need for next year. seaside heights, new jersey is about 75% of its budget for tourism. sounds like bellmawr, new jersey are spending around $20 million to rebuild its boardwalk. new york mayor michael bloomberg has said no new wooden or what should be built. as he faces concretfavorr walks...
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Dec 6, 2012
12/12
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KTVU
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they say it's a sign nearly all of the effects of superstorm sandy on the labor force have evaporated. this report comes a day before the government releases its closely watched job survey. there are reports that hiring sank last month because of sandy. >>> a new study shows if taxes go up on upper-income americans, the passage of proposition of 3 -- of proposition 30, raised the tax rate for california's highest income earnser -- earners to 13.3%. if the bush cuts expire at the end of the year, that would brick the overall tax rate for higherners in rainfall -- high earners to 51%. >>> this afternoon, president obama will visit a family in northern virginia. he will be talking about the importance of congress extending tax cuts for middle- klaas americans. it's all -- middle-class americans. it's tall about taking action to avoid the fiscal cliff by the end of the month. >>> back here, san jose police investigating a dadly hit and run. last night a man believed to be in his 50s was killed while crossing the intersection at white and kimby roads. he's the -- qwimby roads. the investig
they say it's a sign nearly all of the effects of superstorm sandy on the labor force have evaporated. this report comes a day before the government releases its closely watched job survey. there are reports that hiring sank last month because of sandy. >>> a new study shows if taxes go up on upper-income americans, the passage of proposition of 3 -- of proposition 30, raised the tax rate for california's highest income earnser -- earners to 13.3%. if the bush cuts expire at the end of...